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20130201
20130228
Search Results 0 to 5 of about 6 (some duplicates have been removed)
causing a controversy ahead of elections due to come up this september. angela merkel's government has presented plans to slow the rise. >> the plan involves limiting the surcharge consumers paid to support the expansion of renewable energy like wind and solar, but that could prove controversial. >> renewals like wind and solar now account for a quarter of the electricity produced in germany, but going green costs money. now the government plans to cap electricity costs both by cutting green energy subsidies and scrapping special allowances for industries that use large amounts of energy. >> we all know that price is not the only issue in germany's energy transition, but it is an important issue that has lots of people worried, so we have to give some answers. >> the government wants to keep prices stable by canceling a planned 2 billion euros increase to a green energy subsidy paid by consumers, but first, they have to convince opposition parties to go along with it. >> we cannot allow them to put the brakes on expanding renewable energy. we want to meet the goals we have set for clim
were touchdowns and were ads were fumbles. >> mariana rajoy meets angela merkel. >>> plus, upcoming elections that sylvia berlusconi has called his last great electoral and political battle. >>> the power to split up uk banks if they fail to -- activity. george osborne is expected to give the bank of england the responsibility to make sure banks are involved in these activities. you have to love the extended analogy. watch the george osborne speech live here at 10:30 local for those of you here with us in the uk. in the meantime, there are more charges at the top over at barclay's. last night, the bank's financial chief and financial chief announced their leaving. tomorrow, barclay's ceo anthony jenkins will face questions in parliament over banking standards and next week he will present his long awaited plans for transforming the bank. >>> and a number of stories about rbs also in the weekend press. the sunday times reporting the bank will announce a 500 pound settlement with u.s. and uk regulators later this week. rbs will cover the bonus pools after a warning from the government
. mario monti says german chancellor angela merkel doesn't want italy's center left party to win the elections this weekend. the outgoing prime minister said merkel feared a consolidation of parties from the left, especially in an election year for her. the german leader has so far refrained from commenting on the election. what does all of this mean? julia joins us now from milan. julia, i have to confess, i don't really understand what monti's point is here. >> well, you know, we have to give it a bit of context, kelly. this was in response to something berlusconi said about the possibility that mario monti had already signed an agreement with the democratic left party, the democracy party mr. bersani with the agreement with angela merkel. i don't think mario monti has hidden the fact that he's concerned about the influence, particularly the power of the union on the democratic party. if we look on the german side, the foreign minister said what they want ultimately is a party that's going to continue with the reforms, that's going to continue with the fiscal consolidation. i'm
today, i think if you've been listening to angela merkel to david cameron himself and francois hollande this week, the indication is that perhaps we shouldn't be as optimistic as jean-claude juncker would have us believe, but someone has to fly the flag for europe and we like our posturing in europe. overall, what rewe looking at? germany, the uk, the nordic european countries are fighting for cuts, real term cuts in this whereas italy and france would rather have it held steady. even within that, the battle lines aren't clear. the uk and sweden in particular, trying to protect their all important rebates. we've got italy saying that their contribution overall is too great and, of course, as i just mentioned, france very concerned about the agricultural spending that contributes around 40% of the entire eu budget. so as usual, we get a of comments and a lot of the european leaders come to this working out, just how they can negotiate and is walk away, flying their individual flag and saying, hey, i came out with what i asked. but, you know, ultimately, what we've seen in the past is tha
need to say to mrs. merkel, mr. president: angela, eisenhower, brant, schmidt, cole, all of these men had a vision of europe. help me to achieve our vision of europe. you've said that you would recreate the french vision when you were elected, and now in the council you can help breathe life back into the european vision. thank you. [applause] [speaking in native tongue] >> translator: thank you very much, indeed. now on behalf of the united liberals and -- [inaudible] displt thank you, president. mr. swoboda's already done it, but let me say again, let me thank you -- congratulate the liberal in you, if you don't mind. i don't want to create problems that your socialist friends, but your struggle in favor of marriage for all is a step forward, it's a new freedom, and it's at the heart of the battle that we're trying to fight in our group. thank you very much. [applause] [speaking in native tongue] >> translator: sixty years ago, jean manet said we're bringing together men, we're not bringing together states. and, in fact, still true, mr. president. our union only has a meaning if it
Search Results 0 to 5 of about 6 (some duplicates have been removed)